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CO SB051

Bill

Status

Passed

3/21/2021

Primary Sponsor

Dominick Moreno

Click for details

Origin

Senate

2021 Regular Session

AI Summary

SB 21-051: Department of Treasury Supplemental Appropriation

  • Amends the fiscal year 2020 appropriation to the Department of the Treasury under HB 20-1360, Section 2, Part XXII.

  • Total appropriation of $877,202,215 distributed across: General Fund ($361,150,454), General Fund Exempt, and Cash Funds ($444,567,923).

  • Includes major allocations for senior citizen and disabled veteran property tax exemption ($163,663,420), Highway Users Tax Fund distributions to counties and municipalities ($388,501,935), and PERA unfunded actuarial liability distribution ($225,000,000).

  • Covers operational costs for Treasury administration, unclaimed property program, and special purposes including lease purchases, public school fund investments, and property tax reimbursements.

  • Declared necessary for immediate preservation of public peace, health, and safety under safety clause provisions.

Legislative Description

Department of Treasury Supplemental

Last Action

Governor Signed

3/21/2021

Committee Referrals

Appropriations2/26/2021
Appropriations2/16/2021

Full Bill Text

No bill text available